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UPM sells its Steyrermühl site to the HEINZEL GROUP

(UPM, Helsinki, 21 June 2022 at 11:05 EEST) – UPM has signed an agreement to sell 100% of the shares of its Austrian subsidiary UPM Kymmene-Austria GmbH to the HEINZEL GROUP, a leading pulp, packaging and paper producer and trader in Central and Eastern Europe. The transaction comprises the UPM Steyrermühl site with approx. 400 employees, including the newsprint paper machine with an annual capacity of 320,000 tonnes and the Steyrermühl sawmill operations with an annual timber capacity of 370,000 cubic meters. The parties have agreed not to disclose the value of the deal.

Getinge stars looking back at inspiring careers

Bo-Christer Svensson and Bengt Axelsson spent close to their entire work lives at Getinge, something they look back at with pride, satisfaction and joy. Here, they share their story about what it was like working for a company that became a global medtech leader. Bo-Christer Svensson spent more than 50 years working for Getinge in various roles, one of them was to help build up the Suzhou factory in China. In the latter part of his career, he became Director of Operations for the factory in the village of Getinge where he himself had been building sterilizers in the early years.

Qt launches novel HMI software framework to develop next-generation digital cockpits

The partnership between Qt and Bosch enables carmakers to cost-effectively develop solution-ready next-generation digital cockpitsEspoo, Finland – 21st June 2022 – The Qt Company , the leading global provider of software technology, today announces a collaboration with Bosch , one of the leading automotive suppliers, who will be deploying Qt’s unified cross-platform HMI design and development framework to provide automakers with the tools to create a solution-ready digital cockpit. The solution offers a turnkey approach for automotive original

BillerudKorsnäs publishes the preliminary outcome of the preferential rights issue

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY IN OR INTO THE UNITED STATES, CANADA, JAPAN, AUSTRALIA, HONG KONG, NEW ZEALAND, SINGAPORE, SOUTH AFRICA OR ANY OTHER COUNTRY WHERE SUCH PUBLICATION, NOTICE OR DISTRIBUTION WOULD VIOLATE APPLICABLE LAWS OR RULES OR WOULD REQUIRE ADDITIONAL DOCUMENTS TO BE PREPARED OR REGISTERED OR REQUIRE ANY OTHER MEASURES TO BE TAKEN, IN ADDITION TO THE REQUIREMENTS UNDER SWEDISH LAW. PLEASE SEE “IMPORTANT INFORMATION” AT THE END OF THIS PRESS RELEASE. The subscription period in BillerudKorsnäs AB's (publ) ("

Saab Receives Order for Integrated Air Traffic Control in Dubai

Saab’s Integrated Air Traffic Control Suite has been selected through competition for implementation at Dubai International Airport and Al Maktoum International Airport in the United Arab Emirates. The contract, awarded to Saab by Dubai Aviation Engineering Projects includes approximately 95 controller working positions which will be distributed between the two airports, the Emirates Flight Training Academy, and the Contingency Operations Center.Saab’s Integrated Air Traffic Control Suite (I-ATS) is a next-generation solution that builds on widely deployed Air Traffic Control automation

Toivo Group Plc has bought a property in Helsinki and will start pre-marketing the project

Press release, 21 June 2022 at 10:55 a.m.     Toivo Group Plc (hereinafter referred to as “Toivo” or “the Company”) has concluded a real estate transaction for a property located in Ramsinranta, Helsinki, with a legally binding zoning plan. The property is to be built on a 3,700-square-metre apartment complex, which comprises more than 80 apartments.   In the project, Toivo will build residences that are sold to consumers and remain in their own ownership. Toivo has been implementing the development of the zoning plan in the area. The project will be executed

EasyFill AB (publ): Management changes: New CEO

The Board of directors has appointed Tobias Sjölander as the new CEO from 1 September 2022. He succeeds acting CEO Jens Lidén, who on the same day takes up a new position as Business development director for EasyFill at HL Display AB. As previously announced, EasyFill and HL Display signed a licensing agreement at the end of May for the patented products TurnLoader Multideck and RotoShelf for the EU markets.Tobias Sjölander, 46 years old, founder and CEO of Loxysoft for 15 years, has for the past 1.5 years been employed by LeadDesk Oy as Director of Corporate Development. Tobias Sjölander

Wärtsilä and Stena to build the world’s largest hybrid vessels

Wärtsilä Corporation, Press release, 21 June 2022 at 10:30 AM EESTThe technology group Wärtsilä will supply its hybrid propulsion system for three new RoPax vessel currently built for Stena RoRo, Europe´s largest ferry company. Two of the ferries will have a battery capacity of 11.5 MWh, making them the marine industry’s largest hybrid vessels to date. This battery power is approximately double that typically being used currently for hybrid propulsion. The order was placed in May 2022. The ships have been designed and developed by Stena RoRo and Brittany Ferries and they will be long

Ratos company HENT signs major contract to build 70,000 square metres of office premises in Stavanger

The construction company HENT has been appointed as general contractor for the Valhall project, where 70,000 square metres of modern, flexible and energy-efficient office premises will be completed in the middle of 2025 in Jåttåvågen, Stavanger. The land is owned by Hinna Park Utvikling (HPU), and the buildings will be, among other things, home to the new headquarters of Aker BP and Aker Solutions in Stavanger.The project, which is worth NOK 2 billion, will be carried out with HENT as general contractors after a collaboration phase within HENT's "Project agreement model".Ratos strongly

Nokian Tyres: Disclosure under chapter 9, section 10 of the securities market act

Nokian Tyres plc Stock Exchange Release June 21, 2022 at 10:10 a.m. Nokian Tyres has received an announcement from Amundi Asset Management on June 20, 2022, in accordance with the Finnish Securities Market Act Chapter 9, Section 5. According to the announcement Amundi Asset Management’s and its funds combined direct and indirect holding in Nokian Tyres shares fell below the level of 5% of the share capital in Nokian Tyres plc, as a result of share transactions concluded on June 16, 2022. The direct shareholding of Amundi Asset Management and its funds in Nokian Tyres amounted to 4,889,

KONE wins three prestigious Red Dot design awards

KONE Corporation, press release, June 21, 2022 KONE Corporation, a global leader in the elevator and escalator industry, has won three awards in the prestigious Red Dot Award: Product Design 2022 competition, for a series of culture-inspired elevator interiors, a voice-operated call system and an energy saving motor. In the Interior Design Elements category, awards went to KONE’s voice-operated call system for home elevators, the KONE KDS Home V, and the KONE I Series range of elevator interior designs. KONE also won in the Industrial Equipment, Machinery and Automation

Stagflation fears: European businesses expect jump in late payments during second half of 2022

Intrum’s yearly European Payment Report (EPR)*, a survey of 11,000 companies across 29 European countries, shows that businesses are expecting late payments to grow significantly in the coming months, following the rising inflation and interest rates. Close to 8 in 10 companies say that strengthening their liquidity and cash flow is a top priority during 2022.The 24th edition of the EPR, published today, clearly illustrates the multi-faceted challenges that Europeans businesses are set to manage. “Europe is going through an eventful and challenging period. Today, companies face

MTG will host a streamed Capital Markets Update today at 13.00 CET

STOCKHOLM — Modern Times Group MTG AB (publ) (”MTG”) is excited to invite our various stakeholders to join the group’s management at 13.00 CET today for a streamed update on the company’s vision, business strategy, portfolio and financial management.To listen in to the streamed event, please register on the following link: https://tv.streamfabriken.com/mtg-capital-markets-update/register The same link can be used after the event to play to a recording of the event. The presentation materials from the day will also be made available on MTG’s homepage following the event. The event is

The all-new Halton Modularchef Low Profile Capture Jet™ Hood saves greatly on energy bills

A perfect blend of kitchen performance and energy-savingThe key to running a successful commercial kitchen is to keep the kitchen as sustainable as possible. One of the most significant energy-consuming components in a commercial food-service facility is the cooking exhaust ventilation system. When it comes to outfitting the commercial kitchen with an exhaust ventilation hood, consideration should be given to equipment that will not only ventilate the kitchen, but also remove hazardous particles and maintain the air quality. In addition, will keep ventilation energy bill to a bare minimum.

Go-live: Zalaris kick-starts global HR transformation project for Yunex Traffic at full speed

Zalaris, the provider of payroll and HR solutions that simplify work life and support creating sustainable businesses, today announced the successful phase one go-live of cloud-based SAP SuccessFactors solution Employee Central and Recruiting, along with Zalaris PeopleHub for Yunex Traffic.Zalaris is pleased to announce the go-live of the first phase of the implementation journey for infrastructure and traffic solution specialist Yunex Traffic . It was just in January when Zalaris signed the agreement to provide a global HR solution based on SAP

Enjoy your RV this summer - maximize the safety, durability and service life of your van tires with correct tire pressure and paying attention to tire structure and storage

Low tire pressure is a very common cause of tire damage on vans and RVs, as not everyone is aware of the higher than normal pressure required for van tires. Keeping the pressure at a sufficient level will improve traffic safety and extend the tire’s service life. Tire structure and correct storage between seasons also affect the durability of van tires.       This summer, holiday makers make their way in their RVs to interesting destinations across the country. Durable tires in good condition will make their travels easy, comfortable and safe.    – Very often, structural damage and

New report on Finnish impact startups: companies are growing in revenue and funding, but still lack gender-diverse teams

A new report made in collaboration with Startup Foundation and Startup Finland Ry shows that companies saving the world are good investment and growth opportunities. However, companies are not growing their headcount and mixed founder teams only accounted for 12% of the startups.HELSINKI, Finland (June 21st, 2022) Finnish online media Startup100 , published by the non-profit association Startup Finland Ry, has published its first ever report on the impact startups from Finland with collaboration with Startup Foundation and Google. The startups were validated as impact

CO2 Capsol AS - Company presentation

CO2 Capsol’s CEO Jan Kielland is presenting at the Carbon Transition ASA “CO2Capture and Battery Markets” seminar 21 June 2022, arranged by SpareBank 1Markets.Please see the presentation attached.For further queries, please contact:Jan Kielland, CEO +47 41569974Ingar Bergh, CFO +47 92620330About CO2 CapsolCarbon capture, utilization and storage (CCUS) is crucial to achieving net zeroemissions of greenhouse gases by 2050. CO2 Capsol´s carbon capture technology isan essential part in a successful clean energy transition. Carbon capturecontributes both to directly

Everfuel and Crossbridge Energy receive grant for HySynergy liquid e-fuels study

Herning and Fredericia, 21 June 2022 - Everfuel A/S and Crossbridge Energy A/S are pleased to announce that they in a collaboration with Aalborg University have received public funding for a technology pre-feasibility study for potential future production of liquid e-fuels in Fredericia, Demark.  The total grant amounts to DKK 5.8 million. The funding will be used to part-finance the pre-feasibility study which will include the development of a test production plant which will be used to demonstrate the production of e-fuels and the optimal integration of the refinery processes as well

Keliber pilot-scale test programme results in high conversion rate of 96.3%

Keliber has completed the first three phases of a four-phase pilot-scale test programme. The pilot-scale test programme resulted in average conversion rate of 96.3% in a continuous high-temperature conversion pilot trial performed in cooperation with FLSmidth. Keliber states that the purpose of the test programme is to verify the functionality of the ore from the company's largest deposit, Rapasaari, at all stages of the process, from ore mining to the end-product lithium hydroxide. Keliber has previous performed a similar pilot-scale test programme using ore from Syväjärvi, the deposit

NIB finances ESL Shipping’s investment in electric hybrid vessels

The Nordic Investment Bank (NIB) has signed a ten-year EUR 20 million loan agreement with the Finnish dry bulk cargo company ESL Shipping Oy (ESL). The loan will finance the company’s investments in six new dry bulk carriers.The company is investing in new bulk carriers to increase capacity and energy efficiency. The new vessels will be electric hybrids and the aim is to reduce CO\2\ and harmful air emissions with the fuel mix consisting of low-sulphur marine gas oil, biodiesel, and a battery pack. The CO\2\ emissions per cargo unit transported will decrease by 40-50% comparing to the

Vattenfall and Air Liquide sign long-term electricity supply agreement for offshore wind

Air Liquide has signed its largest long-term Power Purchase Agreement (PPA) to date in the Netherlands with Vattenfall, for 115 MW or around 500 GWh per year, of renewable electricity from the offshore wind farm Hollandse Kust Zuid. This PPA comes in addition to a 100 GWh-PPA with Air Liquide announced in March 2021, expanding the long-term partnership.The 15-year PPA starting in 2025 enables Air Liquide to supply its existing industrial and medical gas production assets in the Netherlands and more generally in the Benelux region with renewable energy. Erik Suichies, Executive at

Pilot Trial Based on Ore from Keliber’s Largest Deposit Resulted in High Conversion Rate

Keliber has completed the first three phases of a four-phase pilot-scale test programme. A high conversion rate of 96.3% was achieved in a continuous high-temperature conversion pilot trial performed in cooperation with FLSmidth.The purpose of the test programme is to verify the behaviour of the ore from the company's largest deposit, Rapasaari, at all stages of the process, from ore to the end-product lithium hydroxide. A similar pilot-scale test programme has previously been carried out using ore from Syväjärvi, the mine where quarrying will start first. The test programme started in

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